£93,000
This charming, well-decorated one-bedroom apartment is now available in Croydon through Shared Ownership.
The property on the third floor comprises an entrance hall with a storage cupboard, a spacious living room with a modern open-plan kitchen, one large bedroom, and a bathroom.
Outside, there is a private balcony. Perfect for couples or singles.
Available for £93,000 for 30% share based on the marketing figure of £310,000.
Monthly rent - £622.45
Monthly Service Charge - £209.20
Total Monthly Charge - £831.65 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationThe property locates just outside Thornton Heath and close to West Croydon, with direct trains to London Victoria and London Bridge stations. You can reach the Central area in about 30 minutes from there.
The walk to the closest railway station is less than 10 minutes away.
The flat is close to all local amenities, with restaurants, pubs and large supermarkets all close by and within walking distance.
There is also a hospital nearby, just a few minutes walking, as well as wide green areas such as the Mitcham Common.
EPC ratingEnergy rating band - B
Environmental impact band - B
Lease informationYears remaining on lease: 994
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Other informationHow we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH
You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
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